Pro-Dex's 15min chart shows KDJ Golden Cross and Bullish Marubozu.

According to the 15-minute chart of Pro-Dex, a bullish signal has been triggered, as indicated by the KDJ Golden Cross and Bullish Marubozu at 05/22/2025 14:15. This suggests that the momentum of the stock price is shifting in a positive direction, with a potential for further upward movement. The fact that buyers are in control of the market and bullish momentum is likely to continue supports this bullish outlook.

Bitcoin (BTC) experienced a significant surge past $107,000 on May 22, 2025, fueled by substantial institutional investments. Leading the charge were Metaplanet and GD Culture Group, which made significant purchases amid favorable regulations [1]. This move comes on the heels of BlackRock's acquisition of $530.6 million worth of Bitcoin, signaling a bullish momentum in the cryptocurrency market [2].

The institutional buying trend is further bolstered by positive technical indicators. According to Pro-Dex's 15-minute chart, a bullish signal was triggered at 14:15 on May 22, 2025, indicated by the KDJ Golden Cross and Bullish Marubozu. This suggests a shift in momentum and potential for further upward movement, with buyers in control of the market [3].

The surge in Bitcoin's price was accompanied by a 47% spike in trading volume, reaching $38.2 billion across major exchanges like Binance and Coinbase by 12:00 PM EST. This increased volume underscores the growing interest and confidence in Bitcoin as a store of value and hedge against traditional market volatility [2].

BlackRock's investment is not an isolated incident. The cryptocurrency market has seen significant whale activity in both Bitcoin and Ethereum, leading to market shifts and price changes. The correlation between stock market declines and crypto rallies is becoming increasingly evident, as risk-averse capital seeks refuge in decentralized assets [2].

Technical indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) also support the bullish outlook. The RSI jumped from 55 to 68, signaling overbought conditions but confirming bullish strength. The MACD indicator showed a bullish crossover, aligning with the price spike post-BlackRock news [2].

For traders, key levels to watch include Bitcoin's support at $66,000 and resistance at $70,000. The interplay between traditional finance and decentralized assets is at a critical juncture, offering unique opportunities for those positioned to act swiftly on these cross-market signals.

References:
[1] https://coinmarketcap.com/community/articles/682b231714e79462bc6978a0/
[2] https://blockchain.news/flashnews/blackrock-purchases-530-6-million-in-bitcoin-major-institutional-whale-signals-bullish-momentum
[3] Pro-Dex 15-minute chart analysis